Patong Bay Sea View Residence

4 (1 Review)

Patong, Kathu,Phuket

Unit ID: U166148
7% GUAR. RETURN FOR 15 YEARS
฿5,500,000 ฿6,347,250
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
45.50 SqM Size
Floors
Ground Floor Floor
Construction
Dec 2022 Off Plan

1 Bedroom Apartment for sale at Patong Bay Sea View Residence

This property is a 45.50 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Patong Bay Sea View Residence project in Patong, Phuket and it is scheduled for completion in Dec 2022. You can buy this apartment for a base price of ฿5,500,000 (฿120,879/SqM).

Features

JacuzziJacuzzi BalconyBalcony

Basic Information

Property Type Apartment
Floor Ground Floor
Bedroom 1
Size 45.50 SqM
Price per SqM ฿120,879
Apartment Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Leasehold
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Sea View
Unit Type 1BR
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Developer
Date Listed Jul 11, 2019
Last Updated 7 months ago
Unit ID U166148

Price Analysis

Above Average
Estimated market value ฿4,921,042
Great
฿4,910,000
Good
Fair
Above
฿5,990,000
Current asking Price: ฿5,500,000
This apartment is ฿578,958 ABOVE MARKET (12%) in the Phuket area. It is analyzed against similar apartments & flats and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿5,500,000
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
15
Guaranteed Rental Return
7%
Guarantee Duration
15 Years

Project Details

Construction: Off Plan (Dec 2022)
Floors: 3
Buildings: 1
Units: 454
Project Area: 35,200 SqM
Nearest Landmark Patong Beach - 0.9 Km
Location: Patong, Kathu, Phuket
Patong Bay Sea View Residence Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa

Popular Facilities at Patong Bay Sea View Residence

  • Communal Pool
    2nd Floor

Available Units at Patong Bay Sea View Residence

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Available Units at Patong Bay Sea View Residence
฿76,923
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor Ground Floor Floor
Leasehold Fully Furnished Garden View
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Available Units at Patong Bay Sea View Residence
฿73,043
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 1 Floor
Leasehold Fully Furnished Sea View
Favorite
Compare
Available Units at Patong Bay Sea View Residence
฿120,879
Beds 1 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor Ground Floor Floor
Leasehold Fully Furnished Sea View
Favorite
Compare
Available Units at Patong Bay Sea View Residence
฿98,901
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor Ground Floor Floor
Leasehold Fully Furnished Sea View
Favorite
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Available Units at Patong Bay Sea View Residence
฿85,714
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor Ground Floor Floor
Leasehold Fully Furnished Sea View
Favorite
Compare
Available Units at Patong Bay Sea View Residence
฿85,714
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor Ground Floor Floor
Leasehold Fully Furnished Sea View
Favorite
Compare
Available Units at Patong Bay Sea View Residence
฿76,923
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor Ground Floor Floor
Leasehold Fully Furnished Garden View
Favorite
Compare
Available Units at Patong Bay Sea View Residence
฿107,692
Good Price
Beds 1 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor Ground Floor Floor
Leasehold Fully Furnished Sea View
Favorite
Compare
Available Units at Patong Bay Sea View Residence
฿98,901
Good Price
Beds 1 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor Ground Floor Floor
Leasehold Fully Furnished Garden View
Favorite
Compare
Available Units at Patong Bay Sea View Residence
฿107,692
Beds 1 Beds
Baths 1 Baths
Size 45.50 SqM Size
Floor Ground Floor Floor
Leasehold Fully Furnished Garden View
Get notified when new homes are being added to Patong Bay Sea View Residence

Loan Calculator

Payment Plan

Payment Terms
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon completion of infrastructure
20%
3rd Installment
Upon building foundation completion
20%
4th Installment
% construction completion
10%
5th Installment
On handover
10%

Frequently asked questions

All kind of pets are allowed at Patong Bay Sea View Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Patong Bay Sea View Residence offers a guaranteed rental return of 7% (based on the purchase price of the property) for a duration of 15 Years.
Read more here.
Patong Beach is the nearest Beach from Patong Bay Sea View Residence and it is 0.9 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

Read more here

After you have found the right property you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Payment Terms
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
40%
2nd Installment
Upon completion of infrastructure
20%
3rd Installment
Upon building foundation completion
20%
4th Installment
% construction completion
10%
5th Installment
On handover
10%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being here.

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Patong Bay Sea View Residence?

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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice view, relaxing atmosphere
4 Winston Mccree, United Kingdom, 1 year ago
A new project near Patong Beach. The location is ok around tourist attractions and shopping centers just only a few minutes from the project. I visited the mocked-up room, and I love it very much from the location, the design, direction of the building facing Patong Beach. You can also choose to have a sea view or garden view room. You don't need to worry about view blocking as the project is on the hills without other skyscrapers around, but the mountains and the forest. The kitchen is well proportioned, including a bedroom, a kitchen, a living area, a balcony, a private swimming pool, and a jacuzzi. The place is so private and suitable for a stay. Plus, it's worth investing because the project guarantees a return from the rental program in a period of 15 years. You can get up to 7%! Worth buying for living and for renting out.

Phuket

Patong

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Patong Bay Sea View Residence

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Number of units
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Year Built
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Project Name
Location
Number of units
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Location
Kathu, Phuket, Thailand
Number of units
178
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฿2.1M - ฿5.51M
▼ -4% underpriced
Monthly Rentals
฿15.8K - ฿21K
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Monthly Rentals
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Number of units
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฿30M - ฿71.1M
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Monthly Rentals
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Number of units
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Kathu, Phuket, Thailand
Number of units
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Sales Prices
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Monthly Rentals
N/A
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Completed
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Kathu, Phuket, Thailand
Number of units
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N/A
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